Record Price For
Troghus Shell
ONE of the leading pearl shell buyers on Thursday Island, P. H. Mendis & Sons, are offering £l2O per ton for trochus shell —the record high price for Thursday Island and £5O in advance of 1949 prices.
Inquiries are coming from Greece, Syria, Hong Kong, Japan, Singapore and USA. Production is small and it is believed the price might yet rise to £l5O per ton.
There was little demand for trochus in the immediate post-war years due to the dislocation of the pearl button trade.
